Wagaman is a smaller suburb in Northern Territory within the Darwin local government area (postcode 0810). With a population of 2,023, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $108K per year, with an average household size of 3 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are Australian, English, Greek.
The median house price in Wagaman is $470,000, having dropped significantly 13% over the past year. The median weekly rent is $340 (Census 2021). This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $1,820.
Wagaman is served by 1 school, including 1 primary. The average ICSEA score is 944, which is below the national average of 1,000. Public transport access includes 7 bus stops.
From an investment perspective, Wagaman offers a gross rental yield of 3.8%, rated as moderate yield. Property prices sit below the state median ($470K/$711K), suggesting a potential value opportunity. The price-to-income ratio of 4.3x is considered affordable. House prices have moved -13.0% year-on-year.
Wagaman is a smaller suburb in Northern Territory within the Darwin local government area (postcode 0810). With a population of 2,023, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $108K per year, with an average household size of 3 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are Australian, English, Greek.
The median house price in Wagaman is $470,000, having dropped significantly 13% over the past year. The median weekly rent is $340 (Census 2021). This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $1,820.
Wagaman is served by 1 school, including 1 primary. The average ICSEA score is 944, which is below the national average of 1,000. Public transport access includes 7 bus stops.
From an investment perspective, Wagaman offers a gross rental yield of 3.8%, rated as moderate yield. Property prices sit below the state median ($470K/$711K), suggesting a potential value opportunity. The price-to-income ratio of 4.3x is considered affordable. House prices have moved -13.0% year-on-year.